This property might be a fair Mid-Term investment with a projected 7.81% first-year return on $78,837 initial cash invested.
7.81%
Cash On Cash
8.88%
Cap Rate
1.46
DSCR
$4,062
Rent
$513
Cashflow
Cash Flow
$4,062 income − $3,549 expenses = $513 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,837
Downpayment
20%
$57,940
Closing costs
1%
$2,897
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,062
Total Expenses
$3,549
Mortgage P&I
36%
$1,468
Property Taxes
15%
$601
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447